NOT LISTED FOR SALE

8483 W State Road 56 French Lick, IN 47432

Estimated Value: $1,201,679

-- Bed
-- Bath
15,289 Sq Ft
$79/Sq Ft Est. Value

About This Home

This home is located at 8483 W State Road 56, French Lick, IN 47432 and is currently estimated at $1,201,679, approximately $78 per square foot. 8483 W State Road 56 is a home located in Orange County with nearby schools including Springs Valley Elementary School and Springs Valley Community High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2023
Sold by
Lanes Motel Inc
Bought by
Valley Inn Llc
Current Estimated Value
$1,201,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
7.49%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 2, 2010
Sold by
Lanes Motel Inc
Bought by
State Of Indiana
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Valley Inn Llc $1,100,000 Regional Title
State Of Indiana $17,575 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valley Inn Llc $1,190,000
Closed Valley Inn Llc $250,000
Closed Valley Inn Llc $200,000
Closed Valley Inn Llc $880,000
Previous Owner Lanes Motel Inc $357,551
Previous Owner Lanes Motel Inc $674,500
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $26,828 $977,100 $399,700 $577,400
2023 $25,962 $940,600 $386,700 $553,900
2022 $21,166 $915,100 $377,000 $538,100
2021 $21,996 $900,700 $364,000 $536,700
2020 $22,065 $972,600 $357,500 $615,100
2019 $26,896 $1,116,200 $347,700 $768,500
2018 $23,613 $1,094,600 $341,200 $753,400
2017 $23,834 $1,060,000 $312,100 $747,900
2016 $22,104 $1,048,000 $300,100 $747,900
2014 $27,653 $1,237,500 $499,100 $738,400
2013 $27,653 $1,259,400 $499,100 $760,300
Source: Public Records

Map

Indiana Orange County French Lick 47432

8483 W State Road 56, French Lick, IN

This home is located at 8483 W State Road 56, French Lick, IN 47432 and is currently estimated at $1,201,679, approximately $78 per square foot. 8483 W State Road 56 is a home located in Orange County with nearby schools including Springs Valley Elementary School and Springs Valley Community High School.

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